risk: Reward is 1:2 Rest as per charts
NSE:CONCOR Do not trade in "No Trading Zone". Better to take safe trade. Need strong Breakout or breakdown candle to trade in either of side. All the best.
Triangle pattern... Watch for the breakout. Targets 745 & 785.
Everything is explained on chart. 1) High volume breakout of previous resistance area 2) Price retracing back to previous resistance and high volume area, taking support 3) Good risk reward ratio 4) Expecting price to go up from here Please hit like button if you agree with analysis.
Weekly support has already been broken with the formation of a triangle patten Another triangular pattern is being formed which suggest another all time high
665 seems to have formed a good base
Has Broken Long Term Resistance with Volume and Decisively
Forming a Morning Star pattern at the support trendline.
Intraday possibility as per my understanding of the chart. Upside possibility is higher in concor as well
#CONCOR still has steam left the way it moved the other day makes to an investment to continue.
concor for intraday only with levels if you take any decision so plz consult to your financial advisor this is only for eductional purpose
Concor upmove possible Indicator used Ema 55 Ema 21 Hekinashi
Concor has given parellel channel breakout along with all good setups can go long at current levels, All key levels are mentioned in chart along with stoploss and targets. Key Levels Bollinger Band Dmi Adx RSI BUY MACD Disclaimer I am not sebi registered analyst My studies are for educational purpose only Consult your financial advisor before trading or investing